Archive | Iraq Industry & Trade News

Iraq Business News brings you the latest Iraq Industry & Trade News, with information on developments and opportunities.

Iraq "an Attractive Environment for Power Sector"

NIC Chairman: Iraq is an Attractive Environment for Power Sector National Investment Commission (NIC) Chairman, Dr. Sami Al-Araji assured, during a word he delivered in Powering Iraq Conference held in Baghdad July.10.19 that Iraq is an attractive environment for capitals in various economic sectors and at the top stands the power sector and that investment […]

Joint statement on EU-Iraq Relations

Joint statement by HR/VP Mogherini and Iraqi Foreign Minister Alhakim on the EU-Iraq relations and regional cooperation The European Union and Iraq strongly affirm their shared commitment to peace and stability in the wider Middle East and call for the de-escalation of the current tensions in the region, reminding that the risks and the consequences may affect Iraq, the region and beyond. […]

Japan, UNDP to Accelerate Socio-Economic Development in Iraq

JICA (Japan) and UNDP Partnership Agreement to Accelerate the Projects for Socio-Economic Development in Iraq Japan International Cooperation Agency (JICA) and UNDP announced a renewed agreement and commemorated the 10th anniversary for their partnership to accelerate the implementation of socio-economic infrastructure projects in Iraq to improve the economic recovery and living condition of Iraqi people […]

Cabinet Approves Iraq-Jordan Pipeline, Offshore Oil Exporting Facilities

By John Lee. The Iraqi Cabinet held its regular meeting in Baghdad on Tuesday under the chairmanship of Prime Minister, Adil Abd Al-Mahdi, at which it discussed a series of recommendations by the Ministerial Committee for Energy regarding a number of strategic projects aimed at increasing Iraq’s oil production and exporting capacities. The Cabinet approved […]

IBBC establishes Health Sector Table

By John Lee. The Iraq Britain Business Council (IBBC) has announced that it has established a Health Sector Table. This Table will be chaired by Professor David Kerr, Rhodes Professor of Clinical Pharmacology and Cancer Therapeutics, and Head of Department of Clinical Pharmacology at Oxford University. It is being supported by the Iraqi Minister of […]

Siemens in $310m Iraq Power Plant Deal

Germany's Siemens has received an order to supply the key components and long-term power generation services for the 840-megawatt (MW) Maisan combined cycle power plant in Iraq. CITIC Construction Co., Ltd., the Chinese engineering procurement and construction firm building the plant, and Iraqi developer MPC, part of Raban Al-Safina for Energy Projects (RASEP) awarded the […]

Iraq throws Turkey curveball in Bilateral Trade

By Fehim Tastekin for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Turkish exporters are reeling from an unprecedented blow in trade with Iraq that has splashed cold water on Ankara’s hopes to launch a second border crossing with its southern neighbor and boost bilateral trade […]